Can employer's PF contribution be freezed at 1800 (12% of 15000) if 12% of employee's contribution is more than 1800???
Regards,
Suraj
Menu
Employer EPF Contribution
Replies (4)
if employer contribution is more than 12% than the % cross the limit of 12% is considered as salary
No,
Lets say 12% of basic is 2000 (per month).
EE contribution= 2000
ER contribution= 1800 (12% of 15000)
Is this possible as both contributions ideally match???
Lets say 12% of basic is 2000 (per month).
EE contribution= 2000
ER contribution= 1800 (12% of 15000)
Is this possible as both contributions ideally match???
both employee and employer contribution be same.
Employees can contribute his total salary (basic) x 12% in any of the value...
But, Employer contribution not restricted to employee's same value. Employer contribution Upto 1800 is mandatory. Otherwise no way for restriction.
But, Employer contribution not restricted to employee's same value. Employer contribution Upto 1800 is mandatory. Otherwise no way for restriction.
Recent Topic
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
Related Topics
CAclubindia
